Liberia: Latest News
Kevin Mwanza, 7:19 am
French telecom group Orange, through its subsidiary Orange Cote d’Ivoire, has acquired a 100-percent stake in Liberia’s largest mobile operator Cellcom for an undisclosed amount, the company announced on Tuesday. Orange is on an aggressive expansion and restructuring program that has seen it increase its operation in some African countries while exiting others in the East African region.
Dana Sanchez, 3:28 pm AFKI Original
High-level delegations from Turkey, U.A.E. and the E.U. will be attending the U.S.-Africa Business Summit Feb. 1-4 in Addis Ababa to look for partnerships with U.S. and African businesses. The focus will be on new markets, said Stephen Hayes, president of the Corporate Council on Africa. The Corporate Council announced Friday that it’s getting into the travel business. The Africa Travel Association will operate under the summit organizer effective immediately. Check out some of the panelists who’ll be speaking at the summit.
Dana Sanchez, 6:40 pm
While its expansion to Africa is a welcome development, the U.S. company could face challenges due to the high cost of Internet mobile data and lack of quality broadband. Africans are already fans of most Netflix content. Netflix could oust Naspers-owned digital satellite TV service, whose users complain about its fees. However, Netflix isn’t cheap either. Still, the U.S.-based company has 65 million streaming customers worldwide.
Julia Austin, 7:16 pm AFKI Original
Nigerian fashion designer Duro Olowu donated a piece of his family history to the Metropolitan Museum of Art in New York City — a pair of traditional ceremonial slippers from the Yoruba people that belonged to his grandfather. Fashion designers are creative by nature, and their philanthropic styles tend to be just as creative. Here are 12 African fashion icons who give back in unique ways.
Staff, 6:27 pm
Obama traveled to Africa five times during his presidency but not to Nigeria, the continent’s largest Muslim country, largest democracy and largest economy. Nigeria’s economy is almost twice the size of South Africa’s and 30 percent larger than Egypt’s. Here are 12 things Obama should do in Africa before he leaves office in January 2017.
Peter Pedroncelli, 10:40 am
Guinea received positive news this week, as the Confederation of African Football (CAF) revealed that they are now cleared to resume hosting on football matches in the country, following a sufficient amount of time without new Ebola cases emerging in the nation. This comes a month after Sierra Leone received the same news concerning their ability to welcome teams from all over the continent and world for football purposes.
Dana Sanchez, 6:08 pm AFKI Original
There are words, and then there is action. Several African business leaders said things in 2015 that were inspiring, or true, or moving. Fewer were able to put those words into action. Below are some African businesswomen who walked the walk and talked the talk. That makes them AFKInsider’s candidates for the most memorable quotes by African businesswomen in 2015.
Dana Sanchez, 12:01 am
Electoral cycles have long been a sticky issue for Africa’s business communities. Elections often evoke fears that a regime change will bring uncertainty and instability, two characteristics investors try to avoid in their portfolios. Elections in Nigeria, Kenya and Malawi are examples of how improved political climates are ushering in an era of prosperity.
Peter Pedroncelli, 3:40 am AFKI Original
Africa is a continent that is filled with potential, with the population of the continent continuing to grow as an increasingly younger demographic begins to take shape, in contrast to many other parts of the world, where ageing populations are the order of the day. Here are 10 interesting facts about Africa’s future workforce and the continent’s ability to adapt to the changing landscape that the future holds.
Dana Sanchez, 2:22 pm
World Bank, the German government and others have set aside $1 billion plus $540 million more in private funding for African reforestation. In the past, similar conservation efforts have failed, says Greenpeace. “Many of these African countries make these pledges in the hope that they will receive funding. There’s a lot of talk, but not a lot of action on the ground.”
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